NOT LISTED FOR SALE

907 5th Street Extension Spencer, NC 28159

Estimated Value: $257,361 - $283,000

3 Beds
2 Baths
1,602 Sq Ft
$167/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $232,000 $145 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,706/month

67 Days on Market

About This Home

As of February 2022

So much character and charm in this thoughtfully renovated 3 bedroom/2 full bath home on corner lot. Enter from the covered porch or the carport into one of the two living areas. Cozy yet spacious with a split floor plan and open kitchen/formal living area. Kitchen is updated with gorgeous quartz countertops, high-end stainless steel appliances, new soft-close cabinets, tile backsplash, new brass faucet and light fixtures. Refinished original hardwood floors and luxury vinyl plank flooring through most of the home. New carpet in the large master bedroom which leads to the master bath with double vanity and walk-in closet. New HVAC. Easy access to I-85 and downtown Salisbury. Centrally located between Winston Salem and Charlotte. One year Home Warranty provided with America's Preferred Home Warranty. Schedule your showing today and be a part of a rapidly growing community!

Last Agent to Sell the Property

Sheena Dietz

Lantern Realty & Development, LLC License #279203 Listed on: 11/14/2021

Lantern Realty & Development, LLC

Last Buyer's Agent

Anna Harris

Berkshire Hathaway Homeservices Landmark Prop License #262324

Berkshire Hathaway Homeservices Landmark Prop

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,451

Year Built

  • Built in 1951

Lot Details

  • 10,019

Home Design

  • Aluminum Siding

Interior Spaces

  • 1,602 Sq Ft Home
  • Ceiling Fan
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • North Rowan Elementary And Middle School
  • North Rowan High School

Additional Features

  • Zoning described as R-8 RES
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 033077

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,451

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1951
  • Ratio Current Price By Acre: 1008695.65
  • Road Surface Type: Brick, Gravel
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fixture Exception Yn: 1
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1602
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Fixture Exception Description: Staging materials not included- fixture or non-fixture
  • Appliances: Ceiling Fan(s), Dishwasher, Electric Range
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1602
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Aluminum Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Carport - 1 Car

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Public

Schools

  • Middle Or Junior School: North Rowan
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.23
  • Lot Size Units: Acres
  • Parcel Number: 033077
  • Zoning Description: R-8 RES

Tax Info

  • RATIO List Price By Tax Amount: 3.13454

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: North Rowan
  • High School: North Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2023
Sold by
Parker Joseph M
Bought by
Parker Joseph M
Total Days on Market
67
Current Estimated Value
$267,590

Purchase Details

Listed on
Nov 14, 2021
Closed on
Feb 25, 2022
Sold by
Cose2 Llc
Bought by
George Andrew Jeremy
Seller's Agent
Sheena Dietz
Lantern Realty & Development, LLC
Buyer's Agent
Anna Harris
Berkshire Hathaway Homeservices Landmark Prop
List Price
$224,900
Sold Price
$232,000
Premium/Discount to List
$7,100
3.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.46%
Original Mortgage
$220,400
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 14, 2021
Closed on
Jan 18, 2022
Sold by
Eagle Parrish Nancy
Bought by
Cose2 Llc
Seller's Agent
Sheena Dietz
Lantern Realty & Development, LLC
Buyer's Agent
Anna Harris
Berkshire Hathaway Homeservices Landmark Prop
List Price
$224,900
Sold Price
$232,000
Premium/Discount to List
$7,100
3.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,400
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 18, 2021
Closed on
Jul 29, 2021
Sold by
Chunn Betty Jean and Chunn Nelda Marie
Bought by
Cose2 Llc
Seller's Agent
Jean Griswold-Lynn
Provident Living Inc
Buyer's Agent
Non Member
Canopy Administration
List Price
$70,000
Sold Price
$70,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
662.11%
Original Mortgage
$120,000
Interest Rate
2.8%
Mortgage Type
Construction
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Parker Joseph M -- None Listed On Document
George Andrew Jeremy $232,000 Overbey Jon
Cose2 Llc $533,500 None Listed On Document
Cose2 Llc $70,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner George Andrew Jeremy $220,400
Previous Owner Cose2 Llc $426,515
Previous Owner Cose2 Llc $120,000
Previous Owner Hatley John Robert $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $232,000 +3.2% $145 / Sq Ft
01/20/2022 01/20/22 Pending -- -- --
01/18/2022 01/18/22 For Sale $224,900 0.0% $140 / Sq Ft
01/01/2022 01/01/22 Pending -- -- --
12/18/2021 12/18/21 For Sale $224,900 0.0% $140 / Sq Ft
11/20/2021 11/20/21 Pending -- -- --
11/14/2021 11/14/21 For Sale $224,900 +221.3% $140 / Sq Ft
07/29/2021 07/29/21 Sold $70,000 0.0% $50 / Sq Ft
07/18/2021 07/18/21 Pending -- -- --
07/18/2021 07/18/21 For Sale $70,000 -- $50 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,451 $216,946 $18,000 $198,946
2023 $2,451 $216,946 $18,000 $198,946
2022 $942 $71,749 $14,500 $57,249
2021 $942 $71,749 $14,500 $57,249
2020 $942 $71,749 $14,500 $57,249
2019 $942 $71,749 $14,500 $57,249
2018 $834 $64,261 $14,500 $49,761
2017 $834 $64,261 $14,500 $49,761
2016 $834 $64,261 $14,500 $49,761
2015 $847 $64,261 $14,500 $49,761
2014 $913 $71,462 $14,500 $56,962
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3805980

Canopy MLS (Canopy Realtor® Association)

APN: 033-077